Our strategy is simple

Telstra Super reduces investment risk by investing with a range of experienced investment portfolio managers specialising in different investment areas. We select reputable firms with worldwide experience. The table below outlines our investment managers:

Investment managers as at 30 June 2011

Asset class Manager
Australian fixed interest securities

AllianceBernstein Investment Management Australia Limited
Kapstream Capital Pty Ltd
ME Portfolio Management Limited
Schroders Investment Management Australia Limited
Telstra Super Pty Ltd
Vianova Asset Management

International fixed interest securities

Franklin Templeton Investment Australia
PIMCO Australia Pty Ltd
Rogge Investment Management

Australian shares

AllianceBernstein Investment Management Australia Limited
Aviva Investors Australia Ltd (formally known as Portfolio Partners Limited)
BT Funds Management Limited
IB Australian Bioscience Fund
JF Capital Partners
Legg Mason Asset Management Australia Limited-
Perpetual Investment Management Limited
Schroders Investment Management Australia Limited
Telstra Super Pty Ltd

International shares

Highclere International Investors
Ironbridge Capital Management
Legg Mason Asset Management Australia Limited (Esemplia Emerging Markets)
LSV Asset Management
Martin Currie Investment Management Ltd
MFS Institutional Advisors (Australia) Limited
Morgan Stanley Investment Mgt
Pareto Partners Australia Pty Ltd
Pzena Investment Management, LLC
Schroders Investment Management Australia Limited
Treasury Asia Asset Management Limited
Turner Investment Partners Pty Ltd

Property

AMP Capital Investors Limited
APN Funds Management Limited
Colonial First State Property Limited
Commercial & Industrial Property Pty Ltd (CIP)
Fiduciary Trust International Australia Limited
Goodman Funds Management Australia Industrial Limited
Investa Properties Limited
Lend Lease Real Estate Investments Limited
Australian Property Growth Fund (APGF)
MGPA Limited
Retirement Villages Group
Warakirri Asset Management Pty Ltd
Valad Core Plus Management Pty Ltd
Charter Hall Group
Charter Hall REIT
Quadrant Telstra Super Trust
Pareto Partners Australia Pty Ltd
Westfield Group
Dexus Property Group
General Property Trust
Challenger
Wesfarmers Limted
Mirvac Group
LIFESTYLE RETIREMENT
Telstra Super Pty Ltd

Infrastructure Hastings Funds Management Limited

Palisade Investment Partners Limited
RARE Infrastructure Ltd
Telstra Super Pty Ltd

Private equity

Adam Street Partners LLC
Arclight Capital Partners, LLC
Angeleno Investors
Doughty Hanson & Co Managers Limited
Goldman Sachs JB Were Asset Management Pty Ltd
HarbourVest Partners LLC
Knightsbridge Advisors Incorporated
Macquarie Funds Management
MidEuropa Partner, LLP
Northgate Capital, LLC
Oaktree Capital Management, LLC
Quay Partners Pty Ltd
Siguler Guff & Company, LLP
Sun Capital Partners, Inc
The Blackstone Group
Wilshire Australia Pty Ltd
Telstra Super Pty Ltd
Montagu IV LV
Pareto Partners Australia Pty Ltd

Opportunities Babson Capital Management
Stone Tower Fund Management LLC
Cash

BT Funds Management Limited
Kapstream Capital Pty Ltd
Macquarie Investment Management Limited
Telstra Super Pty Ltd

Currency overlay Pareto Partners Australia Pty Ltd
Global investment
grade credit
Omega Global Investors
Hedge funds -
Asset allocation overlay Telstra Super Pty Ltd